Earlier in the year, Russian billionaire Alisher Usmanov, who holds a 30 percent stake, sought to buy out Kroenke in an offer that valued Arsenal at an estimated $2.6 billion.

Dangote says he’s optimistic that the right offer will persuade Kroenke and Usmanov to sell their shares to him.

“If they get the right offer, I’m sure they would walk away. Someone will give them an offer that will make them seriously consider walking away. And when we finish the refinery, I think we will be in a position to do that,” said Dangote. Since his appointment to the north London club in 1996, Wenger has won three Premier League titles and seven FA Cup trophies.

In May, he agreed to a new two-year deal despite calls by fans for him to step down. And any successful bid from the 60-year-old could spell doom for Wenger.